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Jan 31, 2013
01/13
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if we're going to cut taxes say how you pay for it before you vote to cut taxes. and that's what we haven't done. >> all right. congressman, thank you so much for joining us. >> thank you. >>> and up next, as much as the debt kreeling is a bunch of make believe, allegedly there are a lot of actual conservatives on college campuses. >> true story. >> i don't believe it. do you? >> i believe it. ...so as you cs customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> he does exist. >> they do exist. >> this next segment reminded our stellar producer brian of that commercial when santa discovered walking and talking m&ms do in exact exist. it's time to debunk that same political myth about th
if we're going to cut taxes say how you pay for it before you vote to cut taxes. and that's what we haven't done. >> all right. congressman, thank you so much for joining us. >> thank you. >>> and up next, as much as the debt kreeling is a bunch of make believe, allegedly there are a lot of actual conservatives on college campuses. >> true story. >> i don't believe it. do you? >> i believe it. ...so as you cs customer satisfaction is at 97%. mmmm tasty....
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Jan 24, 2013
01/13
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the president stood up for tax fairness and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america no matter how much that pains republicans to hear. they're out of step and out of the mainstream. >> is it a deliberate effort -- here is conservative rich lauri from the national review. he writes in politico that the real president obama is now revealing himself. by the way, i'm with that thought. i think it was real obama, not covered up politics, the real thing on monday. he wrots, obama settled one and for all the debate over the place on the political spectrum and his political designs. he's an unabashed liberal determined to shift our politics and our coun
the president stood up for tax fairness and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america no...
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Jan 26, 2013
01/13
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fair share that's sort of code for raising taxes on the rich. republicans have already agreed to that once. it will be very hard to get them to do that again. final lit first thing he talked about encouraging businesses to create more jobs and pay better wages, i mean that's just going to take time. they'll be paying better wages when the economy improves and americans upgrade their skill set. that's not something that's going to happen overnight. maybe we'll see some improvement over the four years. >> all right, chris. they are laying out on the other side republicans what they'd like to do. let's listen and i'll bring you in. >> our nation's total debt is now larger than our entire economy. this means that every man, woman and child owes a $53,000 share of this debt. that level of spending is unsustainable. a major credit rating agency has already downgraded our nation's credit once. if we don't start making some real progress on spending reforms, more downgrades are likely in the near future. >> all right, chris. we've got sequestration comi
fair share that's sort of code for raising taxes on the rich. republicans have already agreed to that once. it will be very hard to get them to do that again. final lit first thing he talked about encouraging businesses to create more jobs and pay better wages, i mean that's just going to take time. they'll be paying better wages when the economy improves and americans upgrade their skill set. that's not something that's going to happen overnight. maybe we'll see some improvement over the four...
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Jan 27, 2013
01/13
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feels like membership. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. and it's four times stronger. charmin ultra strong. >>> in a moment, what you should know for the news week ahead. first, an update on stories we have been following. the time google said u.s. government requests for user data continued to rise in 2012. according to the transparency report, this is a global trend. google has received requests from government information from around the world. 20,000 requests. we have more evidence that austerity is not working in europe to spur economic growth orut debt. during the third quarter of 2012, government debt compared to the output embark on a regime of cutting spending and raising taxes was barely changed. it rose for three months earlier and up from 86.6% in 2011. >
feels like membership. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. and it's four times stronger. charmin ultra strong. >>> in a moment, what you should know for the news week ahead. first, an update on stories we have...
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Feb 1, 2013
02/13
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. queen mattresses start at just $699. and save $500 on our special edition bed set. now at the sleep number white sale. i'm up next, but now i'
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science....
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Jan 29, 2013
01/13
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? >>> thanks for stay with us tonight. a handful of states are considering laws to redraw districts and
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste...
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Jan 27, 2013
01/13
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ breathes deeply, wind blows ] [ male announcer ] halls. let the cool in. >>> former massachusetts senator scott brown learned two lessons the hard way -- do not engage trolls on twitter, and do not delete your tweets. you see, brown usually ignores nasty tweets that are thrown his way. late friday night he must have had enough of his detractors and responded. he had enough. tweeted several people with the response, whatever. as the night wore on, whatever became this. this would be the word whatever spelled with a b and a q. the early-morning messages were deleted. it set off a series of jokes. one person even registered it as a domain name. the recent tweet from brown since this happened is he went for a run and went to the gym. destined to take them over. ♪ the sirius xm satellite radio in the 2013 ram 1500. engineered to move heaven and ea
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ breathes deeply, wind blows ] [ male announcer ] halls. let the cool in. >>> former massachusetts senator scott brown learned two lessons the hard way -- do not engage trolls on twitter, and do not delete your tweets. you see, brown usually ignores nasty tweets that are thrown his way. late friday night he...
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Jan 29, 2013
01/13
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it's just common sense. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> thanks for stay with us tonight. a handful of states are considering laws to redraw districts and exclude voters so they can help republicans win the white house in 2016. here is the scary part. scott walker and four other governors may be the only people who can stop this election rigging. and that's exactly what it is. president obama won the electoral votes in michigan, florida, ohio, and pennsylvania, virginia, along with wisconsin. now republicans in all five states are pushing to change the way they allocate electoral votes. the good news is powerful republicans in florida and virginia say that they won't change the electoral vote system. governor of virginia bob mcdonnell says he is against the change as well. but his buddy scott walker was on the fence. >> well, it's an interesting idea. i haven't committed one way or the other to it.
it's just common sense. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> thanks for stay with us tonight. a handful of states are considering laws to redraw districts and exclude voters so they can help republicans win the white house in 2016. here is the scary part. scott walker and four other governors may be the only people who can stop this election...
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Jan 29, 2013
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they'll have to obviously pay back taxes if they have any due, and pay future taxes. they'll have to learn english, which we have never required for permanent residency. we have only required that for u.s. citizenship. and they will have to continue to wait until those who are waiting under the existing law and have a visa pending to be reunified with their family in the united states, those come first. they would come later. but yes. that would be safe. >> senator, what about those employers who hire undocumented workers? i mean, how are we going to deal with this? and there are hundreds of thousands of businesses across america that employee 11 million undocumented workers. how are they going to come out of this legislation? >> well, clearly, one of the centerpieces of the principles is that we will go after employers who employee undocumented workers. we're going to have a more foolproof system of verification of a person's right to be employed in this country as part of this process. we're also going to look at how do we permit those who come here under the law to
they'll have to obviously pay back taxes if they have any due, and pay future taxes. they'll have to learn english, which we have never required for permanent residency. we have only required that for u.s. citizenship. and they will have to continue to wait until those who are waiting under the existing law and have a visa pending to be reunified with their family in the united states, those come first. they would come later. but yes. that would be safe. >> senator, what about those...
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Jan 28, 2013
01/13
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the obama administration passed the tax package. on "meet the press" in the spring of 2009, geithner said the government couldn't afford to wait. >> we can leave it as it is, hope banks will earn their way out of this process over time and i am certain that would create the risk of a deeper, longer recession. again, the classic lesson in financial crises is governments wait to act, they wait too late and that means more damage to the economy, higher deficit in the future, greater cost for the taxpayer. we're not prepared to take that approach. >> it seemed like each time one crisis subsided, another cropped up, a faltering housing market, the european debt market. according to the numbers, the results have been mixed. the economy was losing an average of 651,000 jobs in the three months before geithner was sworn in. in the last three months in his, the economy added an average of 150,000 jobs. the dow has gone from 8,000 has gone now to almost 14,000. the number of unemployed has gone from 11.6 million to 12.2 million. geithner told
the obama administration passed the tax package. on "meet the press" in the spring of 2009, geithner said the government couldn't afford to wait. >> we can leave it as it is, hope banks will earn their way out of this process over time and i am certain that would create the risk of a deeper, longer recession. again, the classic lesson in financial crises is governments wait to act, they wait too late and that means more damage to the economy, higher deficit in the future,...
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Jan 29, 2013
01/13
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and by the way, in terms of taxes, most immigrants pay -- most undocumented immigrants pay taxes and sales taxes of course. >> luke, i'm still thinking about these republican house members that represent district that is are not changing demographically like the rest of the country is and the average income does not have to respond. you know? and i'm wondering, you can make the case from the standpoint of boehner or mccarthy or cantor, yes, this is something the party needs to do to move forward and maybe a long term future but for the short term political survival, the primary in arkansas or mississippi or south carolina, when's the message that a cantor or mccarthy gives to the incumbent in one of the districts that, hey, safe to vote for something that your opponent will call amnesty? >> if there's a bipartisan bill out of the senate that boehner would put it on the floor, perhaps violate the hastert rule and go forward with what i like to call the tom cole caucus and the last pseudomoderates republicans left, about 60 of them left. pair them with democrats, there's a way forward.
and by the way, in terms of taxes, most immigrants pay -- most undocumented immigrants pay taxes and sales taxes of course. >> luke, i'm still thinking about these republican house members that represent district that is are not changing demographically like the rest of the country is and the average income does not have to respond. you know? and i'm wondering, you can make the case from the standpoint of boehner or mccarthy or cantor, yes, this is something the party needs to do to move...
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Jan 31, 2013
01/13
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they'll have to pay back, you know, penalties, taxes, learn english, get in the back of the line and work their way through it, and i think that the public overwhelmingly supports that notion. >> do you have any concerns about the way the obama team inside the white house, the cabinet is shaping up so far in the top positions we've seen white men. we've seen a lack of diversity, critics say. there is that iconic picture, we're told, valerie jarrett is separate there behind dan pfiffer, but not really visible. she is a powerful voice. there's no denying that. the most powerful voice probably in the white house. what about lisa jackson that's left, vpa. you're leaving labor. when are we going to see more women? >> i think that you are going to see more women and more diversity, you will see that coming about. i know that i have been in discussions and people have told me that there is a strong commitment to make sure that latinos, hispanics are represented in the cabinet post as well as women, so i think right now we're a little bit too quick to judge, and right now is a time for all t
they'll have to pay back, you know, penalties, taxes, learn english, get in the back of the line and work their way through it, and i think that the public overwhelmingly supports that notion. >> do you have any concerns about the way the obama team inside the white house, the cabinet is shaping up so far in the top positions we've seen white men. we've seen a lack of diversity, critics say. there is that iconic picture, we're told, valerie jarrett is separate there behind dan pfiffer,...
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Feb 1, 2013
02/13
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and after all is said and done, you average about $9 an hour before taxes. it's a situation many americans find themselves in in the working place in the country. and anyone who spent time at all in the food service industry has a story or two over the years to tell about being stiffed on a tip. this story might make you lose a little bit of faith. earlier this week chelsea welch, an applebee's employee, took to social media site readit -- reddit to show a photo of a receipt left by a st. louis pastor, alois bell. according to welch the worker the pastor and her party of i should say 20 ran up more than $200 worth of food but weren't feeling so charitable when it came time to pay. the pastor crossed out the automatic 18% gratuity charge for groups larger than eight and wrote "i give god 10%. why do you get 18?" to emphasize her point a big zero and "pastor" above the signature. the post immediately went viral online. which is when welch says pastor bell called her applebee's employer and demanded everyone working there that night be fired. as a result chelse
and after all is said and done, you average about $9 an hour before taxes. it's a situation many americans find themselves in in the working place in the country. and anyone who spent time at all in the food service industry has a story or two over the years to tell about being stiffed on a tip. this story might make you lose a little bit of faith. earlier this week chelsea welch, an applebee's employee, took to social media site readit -- reddit to show a photo of a receipt left by a st. louis...
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Jan 25, 2013
01/13
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you're not going to be able to tax wall street now. minimum wage, that's out the door, raising that. workers' rights. and you know what this is all about in my opinion? this is about guns. harry reid knows that 51 votes would be available for the assault weapons ban but he knows damn well there won't be 60 and he doesn't want to hang this on the democratic party at all to all these rural senators. that's who he's protecting in this. but he is not standing up for the people at all. i just -- i don't know what kind of message can we send at this point? >> i think we send a message of total determination that as every issue is discussed and if mitch mcconnell has to sign off to put it on the floor, which is where we believe this lies, then on every issue we have to link this up and say you said if it wasn't functioning you would change it? 51 can change it. we're fighting to change it. and not let up for a minute. and the broader democracy initiative that we're a part of has got to go on on all the issues. >> this is another comment that
you're not going to be able to tax wall street now. minimum wage, that's out the door, raising that. workers' rights. and you know what this is all about in my opinion? this is about guns. harry reid knows that 51 votes would be available for the assault weapons ban but he knows damn well there won't be 60 and he doesn't want to hang this on the democratic party at all to all these rural senators. that's who he's protecting in this. but he is not standing up for the people at all. i just -- i...
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Jan 29, 2013
01/13
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a process that includes passing a background check, paying taxes, paying a penalty, learning english and then going to the back of the line behind all the folk who is are trying to come here legally. that's only fair. all right? so that means it won't be a quick process. but it will be a fair process. and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is to bring the legal immigration system in to the 21st century because it no longer reflects the realities of our time. for example, if you're a citizen, you shouldn't have to wait years before your family is able to join you in america. you shouldn't have to wait years. if you're a foreign student who wants to pursue a career in science or technology, or a foreign entrepreneur who wants to start a business with a backing of american investors, we should help you do that here because if you succeed you'll create american businesses and american jobs. you'll help us grow our economy. you'll help us strengthen our middle cla
a process that includes passing a background check, paying taxes, paying a penalty, learning english and then going to the back of the line behind all the folk who is are trying to come here legally. that's only fair. all right? so that means it won't be a quick process. but it will be a fair process. and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is to bring the legal...
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Jan 28, 2013
01/13
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we should start this new attempt hopefully with full understanding of how difficult the tax is. and finally, last couple of days we have been ability to event what was called a nuclear option in the united states senate. a lot of people don't appreciate how important it was for us to get that done. chuck schumer and i and others and dick durbin were involved a bistart san effort to avert that. we were able to do that with the co-leaders. there is a desire for bipartisanship here in this body. i think we can show the country and the world that we are capable of tackling this issue, a looming and terrible issue that has to be resolved in a bipartisan basis and i believe the majority of the american people support such an effort and i want to thank my colleagues again and the ever congenial senator schumer. >> now we'll have the even more congenial senator durbin. >> i want to thank my colleagues. john mccain, thanks. we have been down this road before but i feel very good about our chances this time. chuck, thank you for your leadership on this. i'm sure that marco and bob and lin
we should start this new attempt hopefully with full understanding of how difficult the tax is. and finally, last couple of days we have been ability to event what was called a nuclear option in the united states senate. a lot of people don't appreciate how important it was for us to get that done. chuck schumer and i and others and dick durbin were involved a bistart san effort to avert that. we were able to do that with the co-leaders. there is a desire for bipartisanship here in this body. i...
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Jan 29, 2013
01/13
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, that do have a higher sales tax. so, you know, i get -- >> if you have a lot of tourism. >> i get the partisan line and i think louisiana has a bit of tourism. so the fact of the matter is, you know, bobby jindal represents i think as susana martinez does and others this next generation of republican leaders out there who are doing it. >> jindals -- >> they're creating the laboratory in the states which is why i go back to my point which this is not about national messaging. this is finding and accepting republicans where they are. >> you buy this as an intellectual who writes for the national review. you buy the fact that the republican party can become a coalition party, not a homogeneous right wing party? >> i think -- >> can you answer that question yes or no? >> yes. i think the republican party can succeed but if you listen to bobby jindal's speech he's asking a big question. too often he says the party is becoming fiscal conservative party. he's saying republicans aren't going to back away on their position on
, that do have a higher sales tax. so, you know, i get -- >> if you have a lot of tourism. >> i get the partisan line and i think louisiana has a bit of tourism. so the fact of the matter is, you know, bobby jindal represents i think as susana martinez does and others this next generation of republican leaders out there who are doing it. >> jindals -- >> they're creating the laboratory in the states which is why i go back to my point which this is not about national...
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Jan 30, 2013
01/13
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taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> back to "hardball." first up, texas senator ted cruz is pushing the idea that if president obama supports something, it means a weaker america. he's talking about the nominations of john kerry and chuck hagel. here is cruz speaking at an event put on by the conservative national review institute over the weekend. >> okay. we've got two pending nominations, john kerry, chuck hagel. both of whom are very prominently anti-us, less than ardent fans of the u.s. military. my view of the military and foreign policy is exactly that of reagan's, that it should be driven by the national security interests of the united states, that we should go in with clear, defined objectives, overwhelming force, and then when we're done, get the heck out. >> does anyone believe paul ryan -- ronald reagan would have taken us into a hawkish war like iraq? by the way,
taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> back to "hardball." first up, texas senator ted cruz is pushing the idea that if president obama supports something, it means a weaker america. he's talking about the nominations of john kerry and chuck hagel. here is cruz speaking at an event put on by the conservative national review institute over the weekend. >>...
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Jan 30, 2013
01/13
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prescription for flu. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> take a look at this picture. on the left, that's homeland secretary janet napolitano. on the right that is education secretary arne duncan. both of them are staying in the obama cabinet for the second term we have learned. this is an associated press picture taken at a judiciary committee hearing on immigration that was held back in june of 2011. what is remarkable about this picture is that technically it is the job of this person, janet napolitano, to deport this person, the guy sitting right behind her. that would be jose antonio vargas. he was born in the philippines. here he is with his parents when he was a little tot in manila. when he was a 12-year-old kid, his mother sent him to the united states with someone who he thought was an uncle. actually, it was just a guy who his mom paid thousands of dollars to, to get her son into the uni
prescription for flu. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> take a look at this picture. on the left, that's homeland secretary janet napolitano. on the right that is education secretary arne duncan. both of them are staying in the obama cabinet for the second term we have learned. this is an associated press picture taken at a judiciary...
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Jan 25, 2013
01/13
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tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public does not want to see materially reduced. you may want to, but the polls say the public does not want to see them materially reduced. >> by the way -- >> where is all this money going to come from? >> it's not about what i don't want or want. this is basic arithmetic. the deficit, the debt that is incurred by medicare and medicaid in the out years, it just can't be made up, even in a small part by increasing taxes on the margins anymore. i mean, you could take the tax rate up to 95%, perhaps. >> well, you don't have to go that high. the math h
tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public...
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Jan 29, 2013
01/13
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every year than my father and mother would pay in taxes as an immigrant family with a first and second grade education. i think that's a perfect example of why this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a listen. >> i have seen a number of research, scholarly research data, which says that vast majority of arriving immigrants today come here because they believe that government is the source of prosperity. >> so that heaving mass of poison says that the borders are literally stacked full of people coming to take entitlements and benefits. >> yaen time yanytime you hear word scholarly research data and rush limbaugh together you know something is wrong. the congressman just told us a very shorthand story of his own family. obviously that one anecdote and many others we know of disprove what rush limbaugh is
every year than my father and mother would pay in taxes as an immigrant family with a first and second grade education. i think that's a perfect example of why this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a...
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first part of january, felt that money being taken out in greater lumps than the last two years and tax hikes may have depress the consumer confidence. so has the behavior of washington. we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier this morning. it's -- >> right there. >> right there, right now. okay. so this hasn't happened since '07. >> early october, the all-time high, 14,164. standard & poor's, 1465. we're within striking distance of both. and that's a good sign. the stock market is performing well. the bond market is performing as expected, if the economy is recovering and so are other markets. and the indicators i look atom as, actually quite positive. none showing signs of strain, the future economic prospects better than the past. so for now markets are tell us things are all right. that may change sometime in the future but
first part of january, felt that money being taken out in greater lumps than the last two years and tax hikes may have depress the consumer confidence. so has the behavior of washington. we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier...
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Jan 27, 2013
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the responsibility of congress is to appropriate, to tax and spend that money. that's become -- to say the job of congress is to tax as soon as i put it in that language, it's an id logical statement rather than a descriptive statement of the job of congress. >> we are seeing the same thing. the question becomes, i disagree with you a little bit. we are at 8.9% unemployment rate. i don't know if it's the job of the government to create jobs, i believe it's the job of the government to create an environment to create jobs. what does that mean? if we don't have our fiscal house in order, how is the government, excuse me, the private sector going to look at us from a responsibility? >> everyone saying stimulate now, cut back later. we did one stimulus bill, it wasn't large enough and we didn't follow it up. >> whose fault was that? >> we need to stimulate now. we are not doing any stimulus and talking about cutting back. it's what they say not to do. >> bobby jindal, who we give a hard time to on this show regularly, he said something similar to this on the rnc mee
the responsibility of congress is to appropriate, to tax and spend that money. that's become -- to say the job of congress is to tax as soon as i put it in that language, it's an id logical statement rather than a descriptive statement of the job of congress. >> we are seeing the same thing. the question becomes, i disagree with you a little bit. we are at 8.9% unemployment rate. i don't know if it's the job of the government to create jobs, i believe it's the job of the government to...
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Feb 1, 2013
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he says we can't go back to the same ideas which was deregulation which was tax cuts for the top, all of that. then they want, again, change the language as melissa says, we went from talking about stimulus to deficit. and like we could cut our way out of debt. and when you look at the comparison between private sector job growth under president obama and under george w. bush, more than 650,000 private sector jobs were lost you should bush while so far more than 470,000 private sector jobs had been added under president obama. so when you look at where we started, look at the comparison they're really trying to play with our minds. >> there's a terrific irony going on here. each month you have the republicans saying a ha, the job growth isn't as high as it should be. or saying a ha, the economy isn't growing at the pace that it should be. well, why isn't it? that's because the republicans succeeded in getting the government to cut back its spending. so the reason the jobs growth has not been higher is because just as private sector job growth is increasing, government jobs are decreas
he says we can't go back to the same ideas which was deregulation which was tax cuts for the top, all of that. then they want, again, change the language as melissa says, we went from talking about stimulus to deficit. and like we could cut our way out of debt. and when you look at the comparison between private sector job growth under president obama and under george w. bush, more than 650,000 private sector jobs were lost you should bush while so far more than 470,000 private sector jobs had...
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Jan 30, 2013
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he spoke in el paso, he said they need to pay tax. when he spoke today in las vegas, he said they need to pay tax. when he spoke in el paso, he said they will need to pay a penalty. when he spoke in el paso, he said they would need to pay a fine. so penalty changed to fine. but other than that, yeah, the whole diagnosis of the problem, the whole proposal for how to fix the problem, the economic and social argument for why we need to fix the problem is the exact same for president obama today as it was in 2011. and frankly, that it was before that from him. what has changed is his political assessment, that what he wanted for the country before but he could not get, now he is going to get. now it is possible. policy-wise, he has stayed in exactly the same place for all of this time. what has moved is the republicans. >> now the good news is that for the first time in many years, republicans and democrats seem ready to tackle this problem together. at this moment, it looks like there is a genuine desire to get this done soon. and that's
he spoke in el paso, he said they need to pay tax. when he spoke today in las vegas, he said they need to pay tax. when he spoke in el paso, he said they will need to pay a penalty. when he spoke in el paso, he said they would need to pay a fine. so penalty changed to fine. but other than that, yeah, the whole diagnosis of the problem, the whole proposal for how to fix the problem, the economic and social argument for why we need to fix the problem is the exact same for president obama today as...
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Jan 31, 2013
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if they demand a one or fun ratio between tax increases and pig manure cuts, then there's really no hope of ever putting our country back on the path to prosperity. >> now, start with you, jared. correct me if i'm wrong, but isn't pig mature what paul ryan is actually trying to cut entitlements unless that's their word for entitlements? >> you know, there is no line in the government budget for waste, fraud, and abuse, although these guys pretend there is. when they talk about things like that, they don't know what they're talking about. during the recovery act people were attacking scientific research based on it having to do with something like ants or grasshoppers. turns out it was cancer research. this is blowing smoke. we've cut $1.5 trillion in spending over the next ten years. any further deficit reduction going forward has to be balanced. the theme of our whole conversation so far is that this is not the time to focus on the deficit in the near term. it's jobs. >> all right. jared bernstein and jonathan capehart, thank you so much. >> thanks, karen. >>> stay with us. i have low t
if they demand a one or fun ratio between tax increases and pig manure cuts, then there's really no hope of ever putting our country back on the path to prosperity. >> now, start with you, jared. correct me if i'm wrong, but isn't pig mature what paul ryan is actually trying to cut entitlements unless that's their word for entitlements? >> you know, there is no line in the government budget for waste, fraud, and abuse, although these guys pretend there is. when they talk about...
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Jan 28, 2013
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and we've done a lot of the tax. we really can't get there through further tax increases or through discretionary spending. it's got to be through entitlements which means the health care sector. if we don't get serious about it, we are going to make ourselves extraordinarily vulnerable, and the president didn't do it so far. one hopes he does it in the state of the union. >> ed, republicans have had a terrible record over the past decade when it comes to spending, when it comes to deficits, when it comes to debt. george w. bush added $6 trillion in debt, the president, $6 trillion over one term. but democrats are going to have to look at medicare and medicaid. this just can't -- you can't tax your way to solvency, can you, with these programs? >> you can't. i mean, we have made over $1 trillion in cuts at the last continuing resolution. that was a good thing. we've raised revenues, $600 billion in revenue, that was a positive step. we've got, joe, at least $2.5 trillion to go. and i think richard's right. i'd say it
and we've done a lot of the tax. we really can't get there through further tax increases or through discretionary spending. it's got to be through entitlements which means the health care sector. if we don't get serious about it, we are going to make ourselves extraordinarily vulnerable, and the president didn't do it so far. one hopes he does it in the state of the union. >> ed, republicans have had a terrible record over the past decade when it comes to spending, when it comes to...
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Jan 30, 2013
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because he's trying to do away with personal income taxes. and he wanted to eliminate hospice care for medicaid patients. so this perspective on spending that the tea party brought certainly hasn't gone away. anytime you've got 36 united states senators who voted down sandy relief a couple days ago, you know that something has fundamentally changed about the way that republicans talk about government. so i think it's too early to say that they're dead, but all the things dana points to are good signs and signs of some kind of sanity seeping in. >> and dana, maybe it's all in a name. because i think what continues on for sure is this conservative domination particularly in republican primaries. i mean, here you've got mitch mcconnell being threatened now in kentucky and next year's election from the right. >> right. and the tea party's never really been an organized political force. and i'm using that as a shorthand for the far right that's been dominating the party right now. and as i point out in the column, that force really isn't going any
because he's trying to do away with personal income taxes. and he wanted to eliminate hospice care for medicaid patients. so this perspective on spending that the tea party brought certainly hasn't gone away. anytime you've got 36 united states senators who voted down sandy relief a couple days ago, you know that something has fundamentally changed about the way that republicans talk about government. so i think it's too early to say that they're dead, but all the things dana points to are good...
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. >> he's been talking about leaving golf because of high tax rates. if he'd have shot a 58, it would have given him a reason to leave golf, so we're going to keep him around. >> i've got to say, i was watching soccer. >> really? who was playing? >> no. >> richard got a 58. >> exactly. so we all know the beyonce story by now, right? she had the backing track at the inauguration last week. she finally got around to answering questions about it because, frankly, we haven't heard from her personally. this is at a news conference at the super bowl down in new orleans. she let her singing mostly do the talking. ♪ o'er the land of the free ♪ and the home of the brave ♪ the brave any questions? due to the weather, due to the delay, due to no proper sound check, i did not feel comfortable taking a risk. it was about the president and the inauguration, and i wanted to make him and my country proud. so i decided to sing along with my prerecorded track, which is very common in the music industry. and i'm very proud of my performance. >> so just to go back f
. >> he's been talking about leaving golf because of high tax rates. if he'd have shot a 58, it would have given him a reason to leave golf, so we're going to keep him around. >> i've got to say, i was watching soccer. >> really? who was playing? >> no. >> richard got a 58. >> exactly. so we all know the beyonce story by now, right? she had the backing track at the inauguration last week. she finally got around to answering questions about it because,...
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Jan 29, 2013
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on the doe pes tick side when you look at tax reduction, tax increase, tax reform, immigration, he comes off looking like a moderate. >> chip, let me ask you in closing, i just want to clarify one thing here. >> sure. >> you have said a couple of times that hezbollah was created out of the void left when reagan took our troops out of lebanon. is there a suggestion by any of the scholars that you -- that you talked to that reagan should have stayed in lebanon longer? was that the flaw that many people said caused problems in the middle east that after the attack, after the killings, that reagan did decide to bring the troops loam? >> depending on how deeply you want to go into the middle east policy, i would say, if you talk to rez za as you land and some other scholars, there are a number of things going on relative to iran, but certainly as it relates to george schulze and rondy rice in the film, they all say yes, that the pullout created a power vacuum that led to at least to the strength of hezbollah from that point forward. so they would all say they regret that decision. >> to what
on the doe pes tick side when you look at tax reduction, tax increase, tax reform, immigration, he comes off looking like a moderate. >> chip, let me ask you in closing, i just want to clarify one thing here. >> sure. >> you have said a couple of times that hezbollah was created out of the void left when reagan took our troops out of lebanon. is there a suggestion by any of the scholars that you -- that you talked to that reagan should have stayed in lebanon longer? was that...
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Jan 24, 2013
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and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i appreciate that. >> people are reading it all over the place. from my standpoint, we're really looking at the greatest threat to our national security is our debt. it has to do with our children and our grandchildren's futures. as i travel wyoming and have telephone town hall meetings, the things that really come up, people are saying i'm not worried for me. i'm worried for my kids and grandk grandkids, and are we still going to have america in the future with this kind of debt? who will we owe our future to? >> senator barrasso, i want to ask you about your piece in this morning's "wall street jour
and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i...
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Jan 29, 2013
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you have to pay taxes. you are going pay a fine. there will be some admission of wrong doing. so it is not amnesty in any sense of the word. >> chris, susan was just talking about warmer temperatures today. it does feel different. maybe we're just all so hungry for anything that's bipart sfwlan, but this seems to be real. >> it does seem to be real. i would say that i think what senators mccain and schumer are talking about is the nub of the issue. particularly can republican members of congress convince their -- themselves and the people who elect them that this path to citizenship clause is tough enough that it doesn't amount to just saying, well, it's okay. you broke the rules. you can still be in this country. that's always been the tough thing. look, this was the same john mccain who when he was faceed in a primary chalening 2010 had an ad in which he is walking a border talking to a sheriff and says we need to complete the dang fence. the politics of this issue in the republican base are not as simple as they might look right now. i would say the involvement of a marco r
you have to pay taxes. you are going pay a fine. there will be some admission of wrong doing. so it is not amnesty in any sense of the word. >> chris, susan was just talking about warmer temperatures today. it does feel different. maybe we're just all so hungry for anything that's bipart sfwlan, but this seems to be real. >> it does seem to be real. i would say that i think what senators mccain and schumer are talking about is the nub of the issue. particularly can republican...
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Jan 31, 2013
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income jumped because people were paying themselves a ton of money ahead of the higher tax rate this year. but for the most part, you had the higher income numbers, which is a good thing. >> that's a good thing. you're also fog a story in the "wall street journal" today about unions and health care. >> it's getting a lot of play out there. and the story is basically this, folks. it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama administration about this cap. and they're asking for federal subsidies on top of their work insurance. >> all right. and let's talk about facebook now. they've just had a brutal year. but some pretty good news in the fourth qu
income jumped because people were paying themselves a ton of money ahead of the higher tax rate this year. but for the most part, you had the higher income numbers, which is a good thing. >> that's a good thing. you're also fog a story in the "wall street journal" today about unions and health care. >> it's getting a lot of play out there. and the story is basically this, folks. it's in the journal, which is that part of obama care allows caps on precipitation drug...
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Jan 30, 2013
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that's in tax reform. and we can do those things, like i said, and be wise and plan ahead and not bury our heads in the sand and not obsess about what the deficit's going to be the next year or two, that worry about what the long-term debt's going to be 10, 15, 20 years from now. that's what bowles has been saying. he's been saying don't worry about the short-term deficits. >> and what's the relationship between the -- what's the relationship between the cost of the debt and the size of the economy? because that's actually the key. it isn't the absolute amount of the debt. it's what is the debt service which right now is actually quite low because interest rates are so low as a proportion of the economy. it is a more complex formula. >> yeah. but as erskine bowles says and simpson says as well, you bring up an absolutely fantastic point. right now a big chunk of our budget is going to servicing the debt. and that's happening when we have historically low interest rates. if interest rates go back to what th
that's in tax reform. and we can do those things, like i said, and be wise and plan ahead and not bury our heads in the sand and not obsess about what the deficit's going to be the next year or two, that worry about what the long-term debt's going to be 10, 15, 20 years from now. that's what bowles has been saying. he's been saying don't worry about the short-term deficits. >> and what's the relationship between the -- what's the relationship between the cost of the debt and the size of...